Earlier this year, Next Realty, LLC launched Next Realty Fund XI, LP (“Fund XI”). The private real estate offering is designed for investors seeking both current yields and value-creation opportunities with assets largely uncorrelated to the stock and bond markets.
Fund XI is characterized as a compelling investment opportunity given the continued impact of increased interest rates and corresponding market volatility.
Next’s acquisition and management philosophies are based in part on the idea of not just buying good properties, but on buying them well and operating those assets with a focused business plan to produce strong risk-adjusted returns for investors.
In making investments for the Fund, Next Realty will closely adhere to its Multi-Solution® investment strategy. This approach of acquiring a diversified portfolio of multi-tenant and single-tenant properties is intended to balance current income yields with the longer-term potential for value creation and capital appreciation. The diversification of Fund XI will come from making investments in retail, flex, medtail, parking and multifamily assets.
